PPP Loan information for Aldersgate united methodist church

$143,500

Aldersgate united methodist church was initially approved for PPP Loan of amount $148,100, the current approved amount is $143,500. The loan was approved on 04/10/2020 by The TowneBank reported 44 jobs and $143,500 was used to fund payroll.

Aldersgate united methodist church is Existing or more than 2 years old

ALDERSGATE UNITED METHODIST CHURCH

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ALDERSGATE UNITED METHODIST CHURCH

Borrower Address

4320 Bruce Rd

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23321-4205

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148100.00

Current Approval Amount

143500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23321-4205

CD

VA-03

Jobs Reported

44

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

143500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

144648.00

Forgiveness Date

02/10/2021

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